Zircuit Launches Mainnet Phase 1 And Rolls Out ZRC Airdrop Season 1

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August 05, 2024

by Chainwire

Printed: August 05, 2024 at 12:00 pm Up to date: August 05, 2024 at 12:00 pm

George City, Grand Cayman, August fifth, 2024, Chainwire

Zircuit, a completely EVM-compatible ZK rollup with AI-enabled sequencer-level safety, immediately introduced that Mainnet Section 1 is now stay. Mainnet Section 1 additionally contains the launch of the Zircuit Mainnet Competition, a first-of-its-kind program that rewards ZRC and an opportunity to win giant prizes in proportion to gasoline spent on the Zircuit community.

To reward customers who participated in its extremely profitable staking program with over $2B staked, Zircuit additionally opened Season 1 Airdrop claims. Customers who staked property within the Season 1 factors marketing campaign could now declare their tokens.

Through the Mainnet Section 1 stage, customers will have the ability to bridge funds to Zircuit’s Mainnet and work together with tasks in Zircuit’s ecosystem together with Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and extra. Builders are additionally welcome to deploy functions on Zircuit mainnet and be part of the thriving ecosystem of over 60 tasks.

As a part of the launch, Zircuit is internet hosting the Zircuit Mainnet Competition which rewards customers with ZRC tokens every time they pay gasoline charges on Zircuit mainnet. Moreover, collaborating customers could have the possibility to win prizes, and a brilliant prize of 100,000 ZRC. This pageant encourages customers to work together with the community and expertise the advantages of Zircuit whereas incomes ZRC tokens and prizes.

Mainnet Section 1 will introduce a cap on the quantity that every pockets can bridge, with caps growing over time. Throughout this preliminary section, customers could bridge ETH solely, with different property slated to be added progressively. This enables Zircuit to launch in essentially the most safe approach doable and offers a broader distribution of Zircuit rewards to smaller wallets.

Throughout this section, Zircuit opens the ZRC token claims portal to reward customers who have been early contributors and members within the community. Those that earned Zircuit Factors in Season 1 of Zircuit Staking will probably be eligible. Whereas tokens are claimable throughout this time, they are going to be non-transferable till a later date. To arrange for the asset migration in Section 2, the place staked property will switch from Ethereum mainnet to Zircuit mainnet, Zircuit will begin amassing pockets addresses from customers who intend to maneuver their staked property as soon as the community is totally stay.

“Launching the primary section of mainnet is a big milestone for us. Builders and customers can now expertise the total advantages of Zircuit and our breakthrough know-how, sequencer-level safety. As well as, the Mainnet Competition is a first-of-its-kind mechanism that almost all instantly rewards early energetic customers. We see Zircuit as the muse for the following wave of innovation in web3 and we sit up for seeing what decentralized functions will probably be constructed on Zircuit subsequent,” said Martin Derka, co-founder of Zircuit.

Zircuit protects customers from hacks by means of its built-in, automated AI strategies that guard customers in opposition to good contract exploits and malicious actors. Bolstered by its sturdy safety infrastructure, Zircuit is the central hub for restaked property that includes unparalleled safety and permitting customers to earn industry-leading yields natively. Zircuit is the premier liquidity hub for restaked property (ETH, BTC, LSTs, and LRTs) the place customers get pleasure from stronger safety ensures and belief.

Throughout Mainnet Section 1, customers can discover the Zircuit ecosystem on zircuit.com/#ecosystem and explorer.zircuit.com and bridge ETH to Zircuit Mainnet at bridge.zircuit.com. Zircuit’s Mainnet Section 2 is ready to launch in August.

Customers can declare their tokens by visiting declare.zircuit.com and take part within the Zircuit Mainnet Competition by visiting pageant.zircuit.com.

To study extra about Zircuit, customers can go to zircuit.com or learn the developer docs at docs.zircuit.com

About Zircuit

Zircuit is a ZK rollup with AI-enabled sequencer-level safety and parallelized circuits. Constructed by a group of web3 safety veterans and PhDs in pc science, algorithms, and cryptography, Zircuit’s distinctive structure combines the very best of each worlds of efficiency and safety. To study extra customers can go to zircuit.com or observe us on Twitter/X @ZircuitL2

Contact

JessicaZircuit[email protected]

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